Analysis of recent property sales -- official HM Land Registry data
The average house price in NE40 (NE40 3AA) is £194,174, based on 177 transactions recorded by HM Land Registry. The median price is £174,000, giving a price range from £40,000 to £510,000.
| Date | Price | Type | Area |
|---|---|---|---|
| 2026-01-26 | £242,000 | T | 132.0 m² |
| 2026-01-21 | £158,000 | T | 74.0 m² |
| 2026-01-09 | £180,000 | S | 69.0 m² |
| 2026-01-07 | £188,000 | S | 103.0 m² |
| 2026-01-06 | £95,000 | S | 64.0 m² |
Standard residential rates for primary residence. Does not include surcharges for additional properties or non-UK residents.
Market Overview: NE40
With 177 recorded transactions in twelve months, NE40 is one of the more liquid postcodes in the sample — individual outliers have less pull on the median figure than they would elsewhere. Individual sales ranged from £40k to £510k, which is a normal spread for a postcode of this size.
No single property type dominates — terraced houses led with 41% but the mix is diverse, while semi-detached houses accounted for 36% and detached houses accounted for 17%.
The twelve-month trend is softer than it was: the median in the second half of the window was 12.2% below the first-half median. Monthly volume was fairly consistent, giving the trend line a reliable shape.
Liquidity in NE40 3AA is healthy: the high sale count makes it easier to benchmark a specific property against genuinely recent comparables rather than extrapolating from older deals. On the rental side, the estimated gross yield on a median-priced property here is around 12.4%, based on ONS regional rents.